NOT LISTED FOR SALE

311 311 W 3rd Ave Grand Marais, MN 55604

Estimated Value: $407,669 - $506,000

3 Beds
1.5 Baths
1,300 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $206,500 $159 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,785/month

31 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Detached Garage
  • Wood Burning Stove
  • Formal Dining Room
  • 3-minute walk to North Shore Skate Park

About This Home

As of October 2013

Rare find. Classic Grand Marais home from the 1920's. Enclosed front porch with lots of natural light. Formal dining with built in hutch and leaded glass mirror. Cozy den with stove. Nice sized bedrooms with huge closets. Side yard porch for the afternoon light of day. The yard has amazing landscaping and flower beds for the most avid gardener. Huge lot with many mature trees for backyard privacy. Old garage and bunk house could be returned to their former glory. A home of this charm and character does not come around very often.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 07/16/2013

Last Buyer's Agent

Tim Kennedy

Gunflint Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,538

Year Built

  • 1924

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120 x 130
  • Partially Fenced Property
  • Landscaped with Trees

Parking

  • Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Underground Utilities
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 80-163-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,538

Year Built

1924

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Fenced Yard - Partial, Patio, Porch
  • Estimated Number of Acres: 0.37
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Owned
  • Parcel Number: 80-163-0050
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x14, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Master Bedroom, 14x12, On Level: Second Floor
  • Room 4: Bedroom, 12x12, On Level: Second Floor
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1300
  • Total Fin Square Footage: 1300
  • Total Square Footage: 1300

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood, Poured Concrete
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached

Utilities

  • Fuel: Oil, Wood
  • Heat: Forced Air, Wood Stove
  • Sewer: City
  • Water: City

Schools

  • School District: Cook County #166

Lot Info

  • Estimated Lot Dimensions: 120 x 130
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Oct 1, 2013
Bought by
Lund Philip and Lund Susan
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Tim Kennedy
Gunflint Realty
List Price
$219,500
Sold Price
$206,500
Premium/Discount to List
-$13,000
-5.92%
Current Estimated Value
$450,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,272
Avg. Annual Appreciation
7.11%
Original Mortgage
$206,500
Outstanding Balance
$155,896
Interest Rate
4.39%
Estimated Equity
$310,246
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lund Philip $206,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lund Philip $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2013 10/01/13 Sold $206,500 -5.9% $159 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $219,500 -- $169 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,538 $367,200 $109,700 $257,500
2023 $32 $329,600 $100,800 $228,800
2022 $3,062 $290,500 $91,400 $199,100
2021 $3,022 $229,500 $77,800 $151,700
2020 $3,060 $231,600 $77,800 $153,800
2019 $3,064 $233,800 $77,800 $156,000
2018 $3,104 $221,500 $84,300 $137,200
2017 $2,654 $234,200 $88,800 $145,400
2016 $2,264 $208,100 $67,300 $140,800
2015 $2,138 $189,100 $59,400 $129,700
2014 $1,654 $190,800 $59,400 $131,400
2012 -- $188,500 $83,000 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4508712

REALTOR® Association of Southern Minnesota

APN: 80-163-0050